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The Loadstar

The Loadstar is fast becoming known at the highest levels of logistics and supply chain management as one of the best sources of influential analysis and commentary.


Monday, March 11, 2024
A worker on a container crane at the Port of Los Angeles
Shipping

TPM24: Spot Rate Spike Hits Transpacific Contract Negotiations

By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,

March 11, 2024
Total Views: 1095

Friday, March 8, 2024
Yang Ming containership
Shipping

Red Ink Warning for Yang Ming as Red Sea Spot Rate Gains Ease

By Mike Wackett (The Loadstar) – Yang Ming slid into the red in the final quarter of 2023, with a net loss of $43m after a profit of $483m in

March 8, 2024
Total Views: 2356

Thursday, March 7, 2024
File photo of the port of long beach from the bridge of a ship
Shipping

TPM24: Weary Shippers Unconvinced of Gemini’s Hub-and-Spoke Transhipment Model

By Gavin van Marle in Long Beach (The Loadstar) – The question of rates and annual contracts – and the effects of the Red Sea crisis on both – may

March 7, 2024
Total Views: 1359

Monday, March 4, 2024
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

TPM24: Liner Heavyweights Face Tough Transpacific Contract Talks

By Mike Wackett in Long Beach (The Loadstar) – Some 4,000 container shipping industry attendees are assembling at the Long Beach Convention Center in

March 4, 2024
Total Views: 1241

Tuesday, February 27, 2024
FILE PHOTO: Containers are seen stacked up on the container ship CMA CGM Benjamin Franklin at the port of Antwerp, Belgium September 23, 2022. REUTERS/Yves Herman//File Photo
Shipping

Ocean Alliance Carriers Squash Defector Rumors with Extension Until 2032

By Mike Wackett The Ocean Alliance east-west liner services vessel-sharing agreement between CMA CGM, Cosco, OOCL and Evergreen, has been extended until 31

February 27, 2024
Total Views: 1459

Friday, February 23, 2024
View of the Evergiven container ship at anchor in the Great Bitter lake half through the Suez canal
Shipping

Bed, Bath and Beyond Administrators Launch Breach of Contract Claim Against Evergreen

By Alexander Whiteman (The Loadstar) – Bed, Bath and Beyond’s administrators have their sights on another shipping line, pursuing Evergreen with a

February 23, 2024
Total Views: 2590

Friday, February 16, 2024
A containership at the Port of Long Beach
Shipping

Transpacific Carriers May Have Edge as Contract Season Looms

By Mike Wackett (The Loadstar) – Transpacific ocean carriers are holding on to as much of their Red Sea crisis-induced gains as they can, heading into

February 16, 2024
Total Views: 2173

Thursday, February 15, 2024
Carriers Deploy Extra Loaders to Busy US West Coast
Shipping

Carriers Deploy Extra Loaders to Busy US West Coast

By Mike Wackett Import container throughput at the San Pedro Bay ports of Los Angeles and Long Beach is booming, with the neighbour facilities reporting

February 15, 2024
Total Views: 3002

Friday, February 9, 2024
A Maersk containership berthed at the Port of Tanjung Pelepas in Malaysia.
Shipping

Spot Rates Roller Coaster for Container Shipping

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic shot up this week and, ahead of Chinese New Year tomorrow, transpacific rates

February 9, 2024
Total Views: 1187

Monday, February 5, 2024
Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

Freight Rates Begin to Settle as Shippers Adjust to Cape Diversions

By Mike Wackett (The Loadstar) – Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they

February 5, 2024
Total Views: 1640

Wednesday, January 31, 2024
cargo ships loading at port of oakland
Shipping

ONE Sinks to Operating Loss But Boosts Outlook on Rising Rates

By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the final three months of

January 31, 2024
Total Views: 1221

Thursday, January 25, 2024
containership
Shipping

Ship Shortage: Containership Charter Market Heats Up Amid Suez Diversions

By Mike Wackett (The Loadstar) – Brokers are reporting more “heightened activity” in the containership charter market as ocean carriers fight to

January 25, 2024
Total Views: 2374

Monday, January 22, 2024
Aerial top view of a containership at port
Shipping

Carriers Seek Balance of Speed and Cost to Mitigate Suez Canal Diversions

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

January 22, 2024
Total Views: 2461

Thursday, January 18, 2024
Yantian Express photo provided by Hapag-Lloyd.
Shipping

Gemini Partners Maersk and Hapag-Lloyd Opt for ‘Hub & Spoke’ Operation

By Mike Wackett (The Loadstar) – The liner industry’s new vessel-sharing alliance, the Gemini Cooperation, will buck the recent trend of direct port

January 18, 2024
Total Views: 3888

Wednesday, January 10, 2024
containership
Shipping

Red Sea Reroutings Mask Container Shipping’s Capacity Problem

By Mike Wackett (The Loadstar) – The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the

January 10, 2024
Total Views: 5655

Friday, December 22, 2023
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Extended Detours: Maersk Reroutes Services Around Cape of Good Hope

By Gavin van Marle (The Loadstar) – Shippers and consignees whose shipments are traditionally routed through the Suez Canal can expect longer transit

December 22, 2023
Total Views: 2917

Tuesday, December 19, 2023
cargo ships loading at port of oakland
Shipping

Carriers Roll Out Peak Season Surcharges as Capacity Crunch Looms

By Mike Wackett (The Loadstar) – Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption

December 19, 2023
Total Views: 1599

Tuesday, December 12, 2023
Aerial view of containerships at the port of Southampton
Shipping

New Year Demand Has Ocean Carriers Returning to Charter Market

By Mike Wackett (The Loadstar) – Better than expected forward demand prospects across major and secondary tradelanes is encouraging ocean carriers back

December 12, 2023
Total Views: 1797

Friday, December 8, 2023
hapag-lloyd
Shipping

Carriers Pushing Rate Hikes Ahead of Likely Service Suspensions

By Mike Wackett (The Loadstar) – Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year. Hapag-Lloyd

December 8, 2023
Total Views: 2518

Friday, December 1, 2023
Aerial view of a container ship
Shipping

Failure of Rate Increases Points to Tough Times Ahead for Ocean Carriers

By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have

December 1, 2023
Total Views: 1002
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